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sales rep | Brivity IDX

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6940 6940-2 Torresdale Ave , Philadelphia, PA 19135
$980,000
Est. Payment: $5,294.13/mo
2264 Sqft
0.03 Acres
Status: active | Days on site: 331
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REDBLOCK - 3140763
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House Description

An exceptional real estate opportunity awaits at 6940-2 Torresdale Ave—two fully renovated properties being sold together. 4 Residential Apartments and 2 Commercial Spaces. Conveniently located in the Northeast - Tacony area. These properties feature four beautifully updated residential apartments. Two modern studios, and two spacious two-bedroom, one-bath units. All designed with sleek laminate flooring, all-electric utilities, and a brand-new contemporary kitchen. Each apartment is cable-ready, and the living room includes a ceiling fan for added comfort. In addition to the four residential spaces, these properties also include two fully renovated commercial spaces on the ground level, making them an ideal investment for business owners or those looking to expand their portfolio. The combined offering of 6940-2 Torresdale Ave presents incredible value with matching layouts across both buildings. Perfectly situated near public transportation with easy access to I-95, these properties are in a prime location. Nearby Disston Park offers a great spot for outdoor recreation, adding to the appeal of this vibrant neighborhood. Whether you're searching for move-in-ready apartments or an outstanding investment opportunity, 6940-2 Torresdale Ave delivers unmatched potential at an amazing value! Both properties are 100% leased. Gross annual rents $100,000, and low annual expenses only $15,000 which includes taxes, insurance, water. Tenants pay their own PECO bill. No gas. This investment property will make you a solid and consistent 8-9% return while the properties appreciate in value and rents increase! Top-notch commercial tenants on the first floor include a coffee shop and a beautifully redone showroom for a door distributor.

Highlights

Listed by Adam Rocco , 2157782517 REDBLOCK Realty Inc. , 2153315252. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1935

County

Philadelphia

Area

19135 (19135)

Neighborhood

Tacony

School District

The School District Of Philadelphia

Listing ID

PAPH2564668

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16.00 x 180.00
Zoning:CMX25
Roof:Flat
Sewer:Public Sewer
Principal Interest
$5,294
Taxes
$237

Home Price

$980,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$196,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,294.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,294.13 $237.00 $0.00 $5,531.13
Yearly $63,529.56 $2,844.00 $0.00 $66,373.56
Total $1,905,886.67 $85,320.00 $0.00 $1,991,206.67
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-15T09:11:26.000Z

© 2026 Bright MLS